Plans to transform the 130-year-old Olympia London exhibition centre into a world-leading arts, entertainment, exhibition and experiential district, have been announced by its owners.

Yoo Capital and Deutsche Finance is looking to redevelop the historic West Kensington venue to potentially include a new hotel, theatre and entertainment venues, as well as museums, co-working spaces, retail units and new restaurants.

They say London Olympia, first built in 1886 as the National Agricultural Hall, will continue as an exhibition centre, but the “evolution will significantly enrich its current offering”.

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Heatherwick Studio has been tasked with improving the current customer offer with enhanced communal areas and retail units while retaining its iconic features, and will work in collaboration with SPPARC Architects.

Yoo Capital said it was seeking the views of the community, exhibition organisers and Hammersmith and Fulham Council.

Managing partner Lloyd Lee said: “We are honoured to be long-term owners and caretakers of this magnificent estate.

“Our Victorian forefathers first conceived Olympia London to be a destination for all people to see, learn and experience major exhibitions, events in culture, music, technology, arts and sports.

Kensington Olympia

“We are listening to local stakeholders Hammersmith and Fulham Council, the Greater London Authority, exhibition organisers and the local community to ensure Olympia London achieves its original vision.”

Thomas Heatherwick of Heatherwick Studio said: “My studio’s passion is improving the public experience of cities for everyone.

An aerial view of Olympia London (Image: Yoo Capital)

“During this first phase we are beginning to talk to people, particularly local residents and visitors, to learn more about Olympia London and are looking forward to working on the project.”

The exhibition centre is home to more than 220 exhibitions and events each year including the Olympia Horse Show and Stylist Live.

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